Press package VIVOKA – December 2015 1 Four ingenious students, A few innovative ideas, A revolution for home automation! “ The Vivoka adventure started a little less that a year ago, in the French EPITECH engineering school. We were 4 students in masters degree program. With our respective experiences in the field of onboard electronics, our various foreign travels and our common interest in home automation, we decided to combine our forces and create a business with one simple idea in monde: make home automation simple and easy. William Simonin, CEO of Vivoka Nowadays, many major corporations and research centers are focusing on home automation. But the solutions they have come up with remain costly and user-unfriendly. We managed to solve technical problems that remained in existing solutions and reached our goal: offer a simple, affordable, easy to set-up and use home automation solution, that would make anyone’s house smarter, that's to exclusive features such as voice recognition and 3D cartography. This solution is called Lola. On December 1st 2015, Vivoka is tackling the world market and unveiling its technology via a crowd funding campaign. We are looking to receive the financial support to pursue our business and building a solid community around our project.” Press package VIVOKA – December 2015 2 INDEX 1. COMPANY PRESENTATION ___________________________ 4 Founding team The support of the Synergie Lorraine incubator The numerous partners 2. THE LOLA SOLUTION ________________________________ 6 A simple answer to your daily needs Innovative and intuitive features A well-scheduled market launch Numerous futures perspectives 3. KEY DATES ________________________________________ 11 Timeline Kickstarter crowd funding campaign 4. CONTACTS _________________________________________ 13 Press package VIVOKA – December 2015 3 1. COMPANY PRESENTATION Vivoka was created in 2015 by 4 students finishing their engineering studies at Epitech – Graduate School of digital innovation in France. These young entrepreneurs decided to join their forces to create an innovative project with one ambition: revolution the world of home automation. THE FOUNDING TEAM CEO With his double diploma in « Computing and Entrepreneurship » from the prestigious university of Kent (United Kingdom), William has all the necessary skills to build and steer a project such as Vivoka. Technical Director With his post-graduate degree, his numerous internships in companies around the world and his year spent in the US, Geoffrey has developed a technical versatility and management skills that enable his to drive a team and produce quality products. Systems Engineer With his double diploma as Security major at the University of Kent and in electrical engineering, Vincent both masters both the theoretical and practical aspects of the subject. Mobile manager Thanks to his studies, his professional experience and knowledge in artificial intelligence acquired in France and in the UK, Pierre-Alain is a passionate developer. Having worked as an assistant at his graduate school Epitech also developed his management skills to drive new team-members. Press package VIVOKA – December 2015 4 THE SUPPORT OF THE SYNERGIE LORRAINE INCUBATOR Synergie is a start-up accelerator created in 1985, as a subsidiary of the Lorraine Chamber of Commerce and Industry, with an aim to support innovative projects with high potential. Alongside an acceleration program based on a network of experts, Synergie owns business incubators all across the region (6500 square meters of office space) that can be allocated to supported companies. Synergie also manages and hosts local initiative platforms (hono loans at a 0% rate from the Initiative France network) that enable start-up to reinforce their equity. Synergie Lorraine is a member European Business Network EBN and has therefor been labeled “Business Innovation Center”. 3 questions to Michel Onfray, Chief of the innovation and financing department of Synergie Lorraine Why has Synergie Lorraine decided to support Vivoka? At Synergie, our role is to confirm matching People/product/Market. Vivoka addresses the market of home automation driven by major companies, whom, after having stood still for a number of years, is starting to get invested by young businesses. In a wall, the bigger the main rocks, the more room there is for smaller ones. Generally the people are a weak link in the projects we see. But for Vivoka, the team brings together very interesting and complementary profiles with exceptional inherent qualities. What specific help are your providing? We know that any project with added value and a potential of creating long-term jobs on the territory will – at one point in time during its development – be faced with equity reinforcement needs and address investors. During the earliest phase of the project, we bring this investor vision, helping us select high potential projects, calibrate the teams and assess the economic models. In this perspective, we have the support of network growth businesses (Lorraine Inside), a network of investors specialized in the numeric economy (YEAST), and a fundraising structure (CCIO2BILAN). We are also backed by a pool of experts (incubators, university research centers and experts in digital marketing) to help us assess every step of the project. Moreover, we provide assistance on the specificities of fundraising for start-ups. What are the next steps that Vivoka will have to tackle? Vivoka has already succeeded in raising 150 K€ in equity, with no dilution. The next step is to get the support of the French Public Investment Bank, and succeed in their Kickstarter crowd funding campaign. In their mind, the success of this operation is a « go / no go ». In the next few months they will also have to recruit 12 team-members successfully. And before summer 2016, another fundraising campaign will enable the company to reach a new dimension. Press package VIVOKA – December 2015 5 NUMEROUS PARTNERS SUPPORT VIVOKA Institutional Partners _________________________________________________________ Technical and consulting partners ______________________________________________ Press package VIVOKA – December 2015 6 2. THE SOLUTION LOLA A SIMPLE ANSWER TO YOU EVERYDAY NEEDS Lola by Vivoka is a home automation solution with artificial intelligence features that enables you to control every connected device in your home, making your house both autonomous and intelligent. Monitored in a very simple and intuitive way, this solution can steer all your home automation objects, as well as any other connected device you carry. Lola materializes as a box plugged into your home Internet network and is controlled very simply via a smartphone of tablet application. Press package VIVOKA – December 2015 7 INNOVATIVE AND INTUITIVE FEATURES Lola brings simple and innovative answers to those wishing to set up a home automation system in their home. You can program and control all your connected devices from a unique application for smartphone or tablet, with intuitive features. VOICE RECOGNITION With Lola, you can interact with your connected objects only by saying a few words. Your orders will be converted into commands and executed. 100% simple and secure 3D CARTOGRAPHY With Lola, control any connected object in your house with just a click on its 3D map representation. AUTOMATED SCENARIOS Lola’s artificial intelligence enables you to set up a series pre-planned actions. Lower your blinds when the sun it out or launch your heater when the temperature drops. UNIVERSAL COMPATIBILITY Lola is compatible with the majority of protocols present on the market. You can control any of your connected objects. Press package VIVOKA – December 2015 8 A WELL-SCHEDULED MARKET LAUNCH End of 2015, the prototype of the Lola box, with all its controlling features was born. The first few months of 2016 will be aimed at producing the box at an industrial level, with this production remaining in France. Their objective is to launch Lola internationally by the last trimester of 2016. A pre-commercialization program will be launched December 1st 2015, via the crowd funding campaign on the Kickstarter platform. Lola will be sold online on the official website www.vivoka.com at the following price: Why target the international market in the early phase? « We quickly realized that our company could not address only the French market, or we would nip it in the bud. If we don’t quickly assert our presence on the lead markets for home automation (the US and the UK), we are at risk that local competitors with a much stronger sales force on these markets will see our technological innovations, manage to copy them and address the market before we can even start. The Vivoka is doomed to be international!” William, CEO and co-founder of Vivoka. Press package VIVOKA – December 2015 9 NUMEROUS FUTURE PERSPECTIVES Vivoka founders have already thought out the next development stages of their project. More than just home automation, Vivoka solutions will enable users to pilot any other connected device used in the day-to-day life. Compatible with the majority of existing protocols, Lola will become the universal remote control for all connected devices. Press package VIVOKA – December 2015 10 3. KEY DATES Press package VIVOKA – December 2015 11 KICKSTARTER CROWDFUNDING CAMPAIGN December 1st 2015, Vivoka launches the Lola project on the Kickstarter platform goes out to meet its audience in France and internationally. With a fixed objective at 100 000 $, Vivoka is positioned like an ambitious project on this sector, hoping to seduce a maximum of backers during the 45 day period of the campaign. On of their underlying objective is to create a community of Lola fans, arouse the interest of journalists and influent bloggers in the field of home automation and connected devices and get people talking about their innovation. Link to the Kickstarter page (active until January 15, 2016): https://www.kickstarter.com/projects/813454747/lola-controlling-your-house-has-never-been-soeasy Why did you decide to launch your project with a Kickstarter campaign? « Having finalized our research and development phase with a considerable degree of secrecy, it’s time for use to go public and officially and mark our territory with conviction. Our « coming out » on Kickstarter answers a multi-teer strategy: firstly, the financial objective of raising equity. But most important, it is a great opportunity focus to test our solution on the target markets, creating a community of followers that will help us finalize our project and pre-commercialize our solution. We have 45 days to prove our product is worth it, 45 days during which our partners and ourselves will do all we can to get our project out there and convince Kickstarter backers! William, CEO and co-founder of Vivoka. Press package VIVOKA – December 2015 12 4. CONTACTS +33 (0)6 25 21 93 75 contact@vivoka.com 11 rempart Saint Thiébault 57000 Metz – France ViVoka vivoka_official Press package VIVOKA – December 2015 13